Packaging is an important integral
activity in the manufacturing process of any products that ensures
products safety and ease of transportation. Several types of
packaging techniques has been developed globally as per product
packaging requirements. Sleeve and shrink sleeve labels are an
emerging form of packaging solution. Sleeve & shrink sleeve
labels are made up of polymer materials, which shrink to the product
surface when heat is applied. Sleeve and shrink sleeve labelling
enables the graphics to be printed around the product container.
Sleeve and shrink sleeve labels are cost effective and, in case of
more complex product containers, decorative labeling could be
applied.

Sleeve and shrink sleeve labels can
be applied on the entire body of the containers or can be
manufactured as per the particular shape of container, depending on
the requirement of the consumer. Combination sleeve and shrink
sleeves label packaging can be applied on multiple containers to be
offered as a single product. Sleeve and shrink sleeve labels are made
up of polymer materials such as polyvinyl chloride, polypropylene
terephthalate glycol, polylactic acid, and expanded polystyrene.
Sleeve and shrink sleeve labels find application in food and
beverages, pharmaceuticals, and personal care packaging industries.

Rise in developments in the food
and beverage industries, especially related to packaging, are driving
growth of the global sleeve and shrink sleeves labels market
currently. The major aim of the suppliers is to supply and transport
the products in most efficient manner. Rise in industrial
developments in developing countries indirectly affects the growth of
the packaging industry. Concepts such as SEZ and ‘Smart Factories’
demand the use of smart packaging systems for contaminants free
packaging of finished products, thereby boosting the market growth.

Increasing healthcare awareness
among consumers and rise in environment concerns are making
manufacturers more conscious about following proper packaging
practices, especially in case of finished goods, thereby fueling
growth of the global sleeves and shrink sleeve labels market.

However, sustainability of the
sleeves and shrink sleeve labels market majorly depends on the price
and supply of raw materials, such as crude oil. The fluctuations in
crude oil prices could render the value chain of sleeves and shrink
sleeve labels. Presence of big and small packaging firms has created
a highly competitive environment in the overall sleeves and shrink
sleeve labels market.

The global sleeves and shrink
sleeve labels market is segmented into seven key geographical
regions, which include North America, Latin America, Western Europe,
Eastern Europe, Asia Pacific, Japan, and the Middle East &
Africa. Asia Pacific is expected to dominate the stretch and shrink
film market in the coming years. Increase in end use application of
the sleeves and shrink sleeve labels in the region is expected to
drive growth of the sleeves and shrink sleeve labels market in the
region. The market in Asia Pacific is expected to be followed by
Western Europe and North America, which are major contributors to the
food and beverages industries as well as the consumer products. The
Latin America and the Middle East and Africa markets are also
expected to be major contributors to the growth of the overall
sleeves and shrink sleeve labels market in the coming years.
Increasing investments in the food and beverages industry in Latin
America and emerging countries in the Middle East and Africa is the
major factor anticipated to drive the market growth in these regions.
Besides, increasing use of cosmetic products in the Middle East and
Africa market will further boost grow of the sleeve and shrink sleeve
labels market, by polymer films.

Some of the key players in the
global sleeve & shrink sleeve labels market are:

Gilberth

SleeveCO

Hammer Packaging

AXON

Fort Dearborn Company

Color Craft

Edwards Label

Paris Art Label Company

Fuji Films

Allen Plastic Industries Co., Ltd.

American Film and Machinery

Classic Labels Inc.

The research report presents a
comprehensive assessment of the market and contains thoughtful
insights, facts, historical data, and statistically supported and
industry-validated market data. It also contains projections done
using a suitable set of assumptions and methodologies. The research
report provides analysis and information according to categories such
as market segments, geographies, types, technology and applications.

About TMR

Transparency Market Research (TMR)
is a global market intelligence company providing business
information reports and services. The company’s exclusive blend of
quantitative forecasting and trend analysis provides forward-looking
insight for thousands of decision makers. TMR’s experienced team of
analysts, researchers, and consultants use proprietary data sources
and various tools and techniques to gather and analyze information.

TMR’s data repository is
continuously updated and revised by a team of research experts so
that it always reflects the latest trends and information. With
extensive research and analysis capabilities, Transparency Market
Research employs rigorous primary and secondary research techniques
to develop distinctive data sets and research material for business
reports.